ADM Endeavors, Inc. (OTCQB: ADMQ) Fort Worth City Council Unanimously Approves Zoning Change

Rhea-AI Summary

ADM Endeavors, Inc. (OTCQB: ADMQ) has received approval from the Fort Worth City Council for a zoning change, facilitating the relocation of its corporate headquarters to East Fort Worth. CEO Marc Johnson emphasized the importance of this decision for the company’s growth, stating that their current facility is no longer sufficient. The company, through its subsidiary Just Right Products, reported sales exceeding $6.44 million in the last year, underscoring its successful business model selling various branded products.

Positive

• Zoning change approval enables relocation to a larger corporate headquarters.
• Company reported sales of over $6.44 million in the last 12 months.

Negative

• None.

FORT WORTH, Texas--(BUSINESS WIRE)-- ADM Endeavors, Inc. (OTCQB: ADMQ) announced today that on November 9th Fort Worth City Council approved our request for a zoning change. This approval will be the catalyst that allows us to start the process to relocate our corporate headquarters to East Fort Worth. We want to thank Mr. Cary Moon and his team. They were instrumental in helping everyone understand the scope of this project and its value to East Fort Worth. We are also grateful that David Gregory and his team at DCG Engineering were able to work through the challenges presented by the zoning commission and deliver the optimal outcome.

ADMQ Fort Worth City Council Approval (Graphic: Business Wire)

• Meeting Link: https://fortworthgov.granicus.com/player/clip/4594?view_id=5&redirect=true
• Cary Moon: https://www.fortworthtexas.gov/government/elected-officials/cary-moon
• David Gregory: www.dcgengineering.com

ADM Endeavors CEO Marc Johnson said, “This is an important and critical decision made by the Fort Worth City Council, but the hard work is yet to come. We will start immediately on our building project. It is essential that we complete this project as quick as possible. Without the new facility we will not be able to continue our record pace of growth. We have simply outgrown our current home.”

About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing sales, with sales topping $6.44 million for the last reported 12 months. The Company sells “Anything With A Logo” on its website, www.JustRightProducts.com, developing products ranging from unique business cards to coffee cups, T-shirts to boots, with tens of thousands of other unique products from which to select. Just Right Products, Inc. operates a diverse vertical integrated business in the Dallas/Fort Worth area, consisting of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms.

• www.admendeavors.com
• www.fwpromo.com
• www.justrightproducts.com
• https://uscbdlogo.com
• https://247365threads.com/
• www.facebook.com/groups/admqshareholders
• https://fortworth.academicoutfitters.com/

Forward Looking Statement:

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements" that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the retail industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe-harbor provisions. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211111005502/en/

ADM Endeavors, Inc. | info@admendeavors.com | 817.840.6271

Marc Johnson | CEO ADM Endeavors, Inc. | 817.231.8040

 

Source: ADM Endeavors, Inc.

FAQ

What is the significance of the zoning change approved for ADMQ on November 9th?

The zoning change allows ADMQ to relocate its corporate headquarters to East Fort Worth, which is crucial for accommodating its growth.

What sales figures did ADM Endeavors report?

ADM Endeavors reported sales exceeding $6.44 million in the last reported 12 months.

Who is the CEO of ADM Endeavors?

The CEO of ADM Endeavors is Marc Johnson.

How will the relocation impact ADM Endeavors' growth?

The relocation is essential for ADM Endeavors to maintain its record growth, as the current facility has become inadequate.